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Tech stocks lead Wall Street higher in strong first half as PCE inflation eases Growth optimism outweighs Fed rate hike bets as Asia rallies too But dollar bounces off lows ahead of ISM PMIs, jobs...
Australian inflation declines more than expected AUD/USD slides in response to the inflation report US Consumer Confidence jumps The Australian dollar is sharply lower on Wednesday. In the European...
Euro rebounds as ECB officials appear in hawkish suitsYen extends slide, despite new intervention warningsLoonie and aussie slide on lower-than-expected CPI dataWall Street gains on upbeat US dataECB...
We’ve heard from various central banks over the past two weeks and the takeaways remain the same: wait for more data to give further insight into the development of the economy and determine...
AUDJPY should have support at 9490/9470. Longs need stops below 9455.Targets: 9530, 9560, 9590. EURJPY We can try longs again at 155.30/10 with stops below 154.80. Targets: 155.90, 156.30, 156.70. Buy...
Australian inflation expected to slow in May The inflation report will have a significant impact on RBA decision in July The Australian dollar is in positive territory on Tuesday. AUD/USD rose as high...
Overview: Hawkish comments by ECB President Lagarde at the central bank symposium in Sintra and the PBOC's weaker dollar fix have weighed on the greenback today. It is lower against most of the...
As the month and quarter wind down, inflation readings are featured. The US May PCE deflator, which is the targeted measure is reported. Canada and Australia report May CPI. The eurozone reports the...
The market continues to resist the Fed's signal that another 50 bp of hikes may be necessary to ensure inflation is headed toward its target. Previously, the market had rate cuts priced in, and it...
RBA minutes state that the rate hike decision was close China’s central bank trims key lending rates The Australian dollar has hit a bump in the road and is down 1% this week. In the European...
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